Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.
Xsight Labs has raised more than $300 million in a funding round that values the semiconductor company at $2.8 billion. The company plans to use the capital for its switch and DPU roadmap, hiring, manufacturing, supply chain, and customer deliveries.
Extropic has signed a letter of intent with the U.S. Department of Commerce for up to $75 million in planned CHIPS research funding to develop Thermodynamic Sampling Units and qualify a domestic manufacturing path.
Simile raised a $200 million Series B led by Greenoaks Capital at a $2 billion valuation to expand its human behavior simulation platform.
S&P Global Market Intelligence will add Farsight's AI powered financial workflow capability to Capital IQ Pro later this year. The tool will help bankers and investors create pitch decks, confidential information memoranda, and valuation materials using firm templates and past work.
heytruffle, formerly RestoHost, raised funding from Preface Ventures to expand its managed AI phone concierge for restaurant groups in the United States.
ADA has completed its acquisition of Algonomy, adding retail AI decisioning technology to its platform and expanding the combined business to 34 markets.
Cloud Capital closed a $520 million data center asset backed securities issuance through its new ABS Master Trust, secured by an 80 MW hyperscale data center in Northern Virginia.
Agon has launched with $30 million in funding to build virtual battlefields for training AI powered autonomous weapons systems.
Freehand raised a $75 million Series B to expand autonomous AI agents for supply chain spend and back office operations. Battery Ventures and NewRoad Capital Partners co led the round, bringing total funding to $100 million.
Legora has acquired London legal AI startup Wexler, adding fact intelligence tools for litigation and investigations to its platform. The deal terms were not disclosed.
Bloomberg has agreed to acquire Canoe Intelligence, an AI powered data management platform that automates private markets data collection and delivery.
CopySight raised a $3 million seed round led by Mucker Capital and launched CopyScore V2, which expands its copyright and likeness risk checks into video.
UNIT AI raised $12 million to expand deployments of its AI powered ecommerce fulfillment and returns platform across North America.
Encore AI raised $30 million in Series A funding led by Team8, Planven, and The Garage. The company will use the funding to expand global deployment of its enterprise AI platform for customer interactions.
ThreatLocker raised $190 million in Series F funding led by Elephant to expand its Zero Trust platform, AI security controls, and international operations.
Pangram raised $9 million and launched Pangram 4 for AI text detection, along with an AI image detector in research preview.
Recursive signed a $410 million multiyear agreement with Amazon Web Services to run its automated AI research system on AWS and jointly develop infrastructure for automated AI research.
Fish Audio raised $52 million in seed funding to build AI voice models for creators and enterprises. The company reports $21 million in annual recurring revenue and more than 8 million users.
Weave raised $13.5 million in Series A funding led by Standard Capital to expand its platform for measuring human and AI engineering work.
Nexus acquired Telemetrix RPM to add remote patient monitoring, chronic care management, cardiac AI, and Epic workflow access to its clinical care operating system. Financial terms were not disclosed.
